The three large LNG project – Gladstone LNG (GLNG), Australia Pacific LNG (APLNG) and Queensland Curtis LNG (QCLNG) – currently under construction on Curtis Island off the coast of Queensland are set to come on stream within the coming years.
“We have built well-by-well models to define likely gas production for the GLNG, APLNG and QCLNG projects,” the report said.
“Given delays in upstream facilities of three to six months for all projects, we think the industry will be short gas for 12 months from the fourth of 2015, when all 6 LNG trains are operational.
“We
